Sentiment for Martin Midstream Partners LP (NASDAQ:MMLP)
Martin Midstream Partners LP (NASDAQ:MMLP) institutional sentiment decreased to 0.58 in 2018 Q4. Its down -0.42, from 1 in 2018Q3. The ratio turned negative, as 15 investment managers increased and opened new positions, while 26 decreased and sold holdings in Martin Midstream Partners LP. The investment managers in our partner’s database now possess: 9.76 million shares, down from 10.53 million shares in 2018Q3. Also, the number of investment managers holding Martin Midstream Partners LP in their top 10 positions was flat from 0 to 0 for the same number . Sold All: 12 Reduced: 14 Increased: 7 New Position: 8.
Martin Midstream Partners L.P. collects, transports, stores, and markets petroleum products and by-products in the United States Gulf Coast region. The company has market cap of $486.16 million. The companyÂ’s Terminalling and Storage segment owns or operates 26 marine shore terminal facilities and 14 specialty terminal facilities that provide storage, refining, blending, packaging, and handling services for producers and suppliers of petroleum products and by-products. It has a 11.22 P/E ratio. This segment also offers land rental services to gas and oil companies, as well as storage and handling services for lubricants and fuels.
The stock decreased 0.95% or $0.12 during the last trading session, reaching $12.45. About 108,334 shares traded. Martin Midstream Partners L.P. (NASDAQ:MMLP) has declined 6.26% since March 17, 2018 and is downtrending. It has underperformed by 10.63% the S&P500.
Analysts await Martin Midstream Partners L.P. (NASDAQ:MMLP) to report earnings on April, 24. They expect $0.26 earnings per share, down 18.75 % or $0.06 from last year’s $0.32 per share. MMLP’s profit will be $10.15M for 11.97 P/E if the $0.26 EPS becomes a reality.
Trust Asset Management Llc holds 0.4% of its portfolio in Martin Midstream Partners L.P. for 64,590 shares. Albert D Mason Inc owns 27,051 shares or 0.23% of their US portfolio. Moreover, Arrow Investment Advisors Llc has 0.18% invested in the company for 44,219 shares. The Illinois-based Advisory Research Inc has invested 0.12% in the stock. Camelot Portfolios Llc, a Ohio-based fund reported 17,500 shares.
Since January 1, 0001, it had 12 buys, and 0 sales for $60,577 activity.
More notable recent Martin Midstream Partners L.P. (NASDAQ:MMLP) news were published by: Globenewswire.com which released: “Martin Midstream Partners L.P. Announces Participation in the Wells Fargo Midstream and Utility Symposium – GlobeNewswire” on November 30, 2018, also Seekingalpha.com with their article: “Martin Midstream Partners (MMLP) Investor Presentation – Slideshow – Seeking Alpha” published on March 24, 2017, Globenewswire.com published: “Martin Midstream Partners L.P. Announces 2016 K-1 Tax Packages Now Available – GlobeNewswire” on February 27, 2017. More interesting news about Martin Midstream Partners L.P. (NASDAQ:MMLP) were released by: Seekingalpha.com and their article: “Invest In This 12.3% Yielding MLP, Turnaround And Big Gains Set For 2018 – Seeking Alpha” published on February 03, 2018 as well as Seekingalpha.com‘s news article titled: “ONEOK to buy remaining interest in West Texas LPG for $195M – Seeking Alpha” with publication date: July 25, 2018.